Sabal Investment Holdings (SIH) has successfully completed a series of five B-piece investments, totaling $2 billion in collateral balance and $203 million in bond balance. These investments were made across three different Freddie Mac Multifamily programs: SB-Deals, K-Deals, and Q-Deals.
The SB-Deals are backed by Freddie Mac Multifamily Small Balance Loans and consist of 338 loans with a total collateral balance of $933 million. The bond balance for these deals is $90 million. In the K-Deals program, SIH closed one B-piece investment worth $58 million in bond balance across 20 loans with a total collateral balance of $769 million.
For the Q-deals transaction, SIH invested a total of $55 million in bond balance across 11 loans with a combined collateral value of$304million.
According to Drake Ayres, managing director at Irvine-based SIH,”We continue to actively pursue lucrative investment opportunities within the workforce and affordable rental housing sector as we believe it is more resilient against adverse economic conditions and inflation compared to other asset classes.”
This recent achievement showcases Sabal Investment Holdings’ expertise as they strategically navigate through various multifamily programs offered by Freddie Mac.
